Monday, November 14, 2011

MCX Gold Will Touch 30000 Soon, MCX Commodity Tips

MCX Gold is going to make new heights now it is trading it's high. In Last trading session it has touch 29000 levels. The Euro Financial problem are getting more complex and as the prices traded higher in gold, as stabilising political conditions in Europe and a weaker US dollar index underpinned the complete commodity complex. According to our analyst report gold may touch the level of 30000 in this month end.

For intraday trading in MCX Gold-
Buy at Rs 29,000, Target: Rs 29,250, Stop Loss: Rs 28,800

In MCX Silver-
Buy at Rs 57,900, Target: Rs 58,340, Stop Loss: Rs 57,800.

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